Manage Pricing from Strategy to Execution
Effectively managing pricing is a critical business process for Pharma manufacturers. However there are significant operational challenges — business strategies evolve rapidly and maverick or inaccurate pricing can lead to lower margins and regulatory compliance exposure.
Model N's domain-specific solutions and best practices allow manufacturers to enhance price strategy and enforce prices globally. Full visibility and control are enabled by powerful reporting capabilities that provide full auditability and analytics that deliver actionable intelligence and deep business insight.
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After implementing Model N, we measured a reduction by one percentage point in year-over-year price erosion in Europe (-2.5% vs. -1.5% on average).
Head of International Pricing
Top 10 Biopharma Manufacturer